Foresight News reports that, according to Bloomberg, the political action committee Fairshake, representing cryptocurrency interests, has deployed $140 million in dozens of congressional campaigns nationwide, with plans to spend over $40 million in the final weeks of the 2024 U.S. elections. Fairshake supports both the Democratic and Republican parties as long as they take cryptocurrency seriously.

The latest Federal Election Commission documents show that since August, the PAC funded by Fairshake has allocated approximately $40 million to support Republican challenger Bernie Moreno, who has erased a 6-point lead held by Brown, making the campaign a competitive race.